REVISITING “M” TOPS WITHIN MEGAPHONES We believe the Intermediate “M” Top is near completion. Our expectations are for either a 6% or 12-15% correction. The signals to watch for and to know are: 1. A “Death” Crosses in the 50, 100 and 200 Daily Moving Averages (DMAs), 2. A curl in our Monthly S&P 500 […]
Since Q4 2013 we have felt the Intermediate Term Top would arrive after the June Quadruple Witch. As we got closer we tuned that prediction to after the July options expiration to align with a July 16th Bradley Turn, July 17th Phi Cluster Zone and the July 18th Options Expiration. The July 30th FOMC Meeting […]
FINANCIAL REPRESSION 50% of all US pension fund assets are invested in stocks BEFORE Financial Repression BONDS were “for Widows, Orphans and Pensioners” For those who couldn’t and SHOULDN’T take risk Now the government is forcing Public Pensions into Stocks Why The Fed Can’t, And Won’t, Let The Stock Market Crash 08/16/2014 Zero Hedge When […]
Seven charts that leave you no choice but to (not) feel optimistic about the US economy At the end of July, 2014, Quartz posted an article called “seven charts that leave you no choice but to feel optimistic about the US economy”. Although the facts that they presented are correct, the conclusion that they drew […]
The Technical Market “I think it’s time we stop, children, what’s that sound Everybody look what’s going down” Buffalo Springfield Rarely is anything quite what it seems in the world today, and the markets are no different. Multiple articles in this month’s issue highlight several “layers” that exist in the markets: from the Global Macro […]
Insider Trading and Financial Terrorism on Comex Paul Craig Roberts and Dave Kranzler July 16, 2014. The first two days this week gold was subjected to a series of computer HFT-driven “flash crashes” that were aimed at cooling off the big move higher gold has made since the beginning of June. During this move higher, […]
FEATURE ARTICLE HIGHLY UNUSUAL CHART PATTERNS It is time to step back and look at the ‘big picture’ long term charts of Silver and Gold. This is because we appear to be reaching the end of an extended consolidation period and both look ready to launch to new highs. SILVER – Monthly Chart The monthly […]
THE RULES HAVE CHANGED – Didn’t You Get Janet Yellen’s Memo? CAN YOU HANDLE THE TRUTH? Fed Chair Janet Yellen’s cited Macroprudential Policy 29 times in her recent speech to the IMF. Not coincidentally, 8 days later newly appointed Vice-Chair Stanley Fisher laid out his experiences as Israeli Central Bank Governor in his speech implementing Macroprudential […]
In the previous article Introduction to Harmonic Elliott Wave, I discussed the basic structure of impulsive waves and the wave ratios for each section of the structure. Of course, the impulsive waves: Wave A and Wave C, have the Wave (i), Wave (iii) and Wave (v) all in 3-waves rather than 5. In this article […]